Harmony Current Ratio from 2010 to 2024

HMY Stock  USD 9.07  0.19  2.05%   
Harmony Gold Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.11513094
Current Value
1.22
Quarterly Volatility
0.40572736
 
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Yuan Drop
 
Covid
Check Harmony Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Harmony Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 B, Interest Expense of 835.8 M or Total Revenue of 64.4 B, as well as many indicators such as Price To Sales Ratio of 0.0886, Dividend Yield of 0.26 or PTB Ratio of 0.15. Harmony financial statements analysis is a perfect complement when working with Harmony Gold Valuation or Volatility modules.
  
Check out the analysis of Harmony Gold Correlation against competitors.

Latest Harmony Gold's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Harmony Gold Mining over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Harmony Gold's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Harmony Gold's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.51 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Harmony Current Ratio Regression Statistics

Arithmetic Mean1.57
Geometric Mean1.52
Coefficient Of Variation25.87
Mean Deviation0.33
Median1.49
Standard Deviation0.41
Sample Variance0.16
Range1.2872
R-Value(0.72)
Mean Square Error0.08
R-Squared0.52
Significance0
Slope(0.07)
Total Sum of Squares2.30

Harmony Current Ratio History

2024 1.22
2023 1.12
2022 1.26
2021 1.51
2020 1.49
2019 1.34
2018 1.35

About Harmony Gold Financial Statements

Harmony Gold investors use historical fundamental indicators, such as Harmony Gold's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Harmony Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.12  1.22 

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Additional Tools for Harmony Stock Analysis

When running Harmony Gold's price analysis, check to measure Harmony Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmony Gold is operating at the current time. Most of Harmony Gold's value examination focuses on studying past and present price action to predict the probability of Harmony Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Gold's price. Additionally, you may evaluate how the addition of Harmony Gold to your portfolios can decrease your overall portfolio volatility.